Unitedhealth Group, Inc. Q3 adjusted earnings Beat Estimates

(RTTNews) - Unitedhealth Group, Inc. (UNH) released earnings for its third quarter that increased from the same period last year.

The company's bottom line totaled $3.19 billion, or $3.24 per share. This compares with $2.49 billion, or $2.51 per share, in last year's third quarter.

Excluding items, Unitedhealth Group, Inc. reported adjusted earnings of $3.36 billion or $3.41 per share for the period.

Analysts had expected the company to earn $3.29 per share, according to figures compiled by Thomson Reuters. Analysts' estimates typically exclude special items.

The company's revenue for the quarter rose 12.4% to $56.56 billion from $50.32 billion last year.

Unitedhealth Group, Inc. earnings at a glance:

-Earnings (Q3): $3.36 Bln. vs. $2.63 Bln. last year. -EPS (Q3): $3.41 vs. $2.66 last year. -Analysts Estimate: $3.29 -Revenue (Q3): $56.56 Bln vs. $50.32 Bln last year.

-Guidance: Full year EPS guidance: $12.80